After the previous indictment for money laundering, Weisberg had to know the Feds were going to go after him for the interest payments he kept from the off-shore account.

The May 27, 2008 EDNY press release does not identify Weissberg’s client, an omission which may have some importance.

Weissberg seems to be an expert on shady legal practices, so it is surprising he would have just grabbed the interest payments without providing some sort of out in case his clients squealed. But then, in the October 19, 2007 press release announcing Weissberg’s indictment, there is this comment about another participant in the PIPE business scheme: “and (3) $50,000 in cash delivered to BROWN [ANDREW BROWN, former President and COO of Ramp Corporation] in a paper bag.”
Maybe Weissberg should have been more selective in screening his clients.

12:49 pm May 27, 2008

all around wrote:

I guess it's not just plaintiffs' lawyers that do crooked things out of greed. all you self-righteous defense lawyers who post on this board should eat some crow.

I went to college with the guy. Sweetest guy in the world. Never would have suspected this of him. If all the allegations are true, however, there is simply no excuse, and the rule of law must be upheld. There was a recent story, one of innumerable stories, of a man who held up a convenience store and got a few hundred dollars. He was caught, and he's serving 5 years. Why is it that when the crime extends to the millions, we choose to look the other way, strike deals, and otherwise act only to underscore our impotence in upholding the letter of the law?

3:56 pm May 28, 2008

whatsitfor wrote:

IOLA in New York funds (in part) the Lawyers Fund for Client Protection, which pays victims of lawyer theft from the IOLA account. Very, very convenient.

6:26 pm June 12, 2008

Anonymous wrote:

I actually know this guy and he is a creep

3:29 pm July 30, 2008

CL wrote:

That's not such a bad rate, especially in today's environment.

3:48 pm October 27, 2008

Anonymous wrote:

Wonder what ever happened to his partners Dan Paligrin fro Texarkana AK and Don Knight of Dallas TX?? They were all crooks!!

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